Barclays Regulatory News (BARC)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

DIRECT LINE INSURANCE GROUP PLC

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

19 Mar 2024

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

disclosures in respect of any other party to the offer?

AGEAS SA/NV

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing(if any)

Class of relevant security:

Ordinary 10 10/11p

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

16,109,772

1.23%

9,763,008

0.74%

(2)

Cash-settled derivatives:

and/or controlled:

5,228,477

0.40%

14,572,045

1.11%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

21,338,249

1.63%

24,335,053

1.86%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

Ordinary 10 10/11p

Purchase

292,934

2.1147 GBP

Ordinary 10 10/11p

Purchase

259,175

2.0835 GBP

Ordinary 10 10/11p

Purchase

187,570

2.0842 GBP

Ordinary 10 10/11p

Purchase

91,747

2.0941 GBP

Ordinary 10 10/11p

Purchase

69,750

2.1168 GBP

Ordinary 10 10/11p

Purchase

52,822

2.1170 GBP

Ordinary 10 10/11p

Purchase

51,721

2.1142 GBP

Ordinary 10 10/11p

Purchase

45,293

2.0815 GBP

Ordinary 10 10/11p

Purchase

40,561

2.0894 GBP

Ordinary 10 10/11p

Purchase

36,593

2.0958 GBP

Ordinary 10 10/11p

Purchase

34,293

2.0769 GBP

Ordinary 10 10/11p

Purchase

33,373

2.1059 GBP

Ordinary 10 10/11p

Purchase

33,001

2.0915 GBP

Ordinary 10 10/11p

Purchase

24,183

2.0866 GBP

Ordinary 10 10/11p

Purchase

19,949

2.0854 GBP

Ordinary 10 10/11p

Purchase

15,890

2.1100 GBP

Ordinary 10 10/11p

Purchase

15,587

2.0868 GBP

Ordinary 10 10/11p

Purchase

11,363

2.0788 GBP

Ordinary 10 10/11p

Purchase

10,096

2.0886 GBP

Ordinary 10 10/11p

Purchase

9,920

2.0948 GBP

Ordinary 10 10/11p

Purchase

7,798

2.0980 GBP

Ordinary 10 10/11p

Purchase

5,094

2.0849 GBP

Ordinary 10 10/11p

Purchase

4,690

2.0800 GBP

Ordinary 10 10/11p

Purchase

4,375

2.0725 GBP

Ordinary 10 10/11p

Purchase

4,194

2.0828 GBP

Ordinary 10 10/11p

Purchase

4,160

2.0740 GBP

Ordinary 10 10/11p

Purchase

4,108

2.0851 GBP

Ordinary 10 10/11p

Purchase

3,397

2.0819 GBP

Ordinary 10 10/11p

Purchase

2,877

2.1015 GBP

Ordinary 10 10/11p

Purchase

2,700

2.1038 GBP

Ordinary 10 10/11p

Purchase

2,376

2.0837 GBP

Ordinary 10 10/11p

Purchase

2,158

2.0872 GBP

Ordinary 10 10/11p

Purchase

1,830

2.0910 GBP

Ordinary 10 10/11p

Purchase

1,777

2.0810 GBP

Ordinary 10 10/11p

Purchase

1,679

2.0780 GBP

Ordinary 10 10/11p

Purchase

1,527

2.0907 GBP

Ordinary 10 10/11p

Purchase

1,506

2.0730 GBP

Ordinary 10 10/11p

Purchase

1,331

2.1110 GBP

Ordinary 10 10/11p

Purchase

983

2.1140 GBP

Ordinary 10 10/11p

Purchase

706

2.0880 GBP

Ordinary 10 10/11p

Purchase

511

2.0930 GBP

Ordinary 10 10/11p

Purchase

375

2.0917 GBP

Ordinary 10 10/11p

Purchase

297

2.0950 GBP

Ordinary 10 10/11p

Purchase

251

2.0890 GBP

Ordinary 10 10/11p

Purchase

228

2.0792 GBP

Ordinary 10 10/11p

Purchase

147

2.0830 GBP

Ordinary 10 10/11p

Purchase

94

2.0795 GBP

Ordinary 10 10/11p

Purchase

35

2.0870 GBP

Ordinary 10 10/11p

Purchase

17

2.0940 GBP

Ordinary 10 10/11p

Purchase

14

2.0787 GBP

Ordinary 10 10/11p

Purchase

5

2.1163 GBP

Ordinary 10 10/11p

Purchase

5

2.1150 GBP

Ordinary 10 10/11p

Purchase

5

2.0790 GBP

Ordinary 10 10/11p

Sale

599,259

2.0990 GBP

Ordinary 10 10/11p

Sale

140,291

2.1156 GBP

Ordinary 10 10/11p

Sale

114,235

2.1158 GBP

Ordinary 10 10/11p

Sale

95,242

2.0803 GBP

Ordinary 10 10/11p

Sale

69,742

2.1170 GBP

Ordinary 10 10/11p

Sale

55,000

2.1103 GBP

Ordinary 10 10/11p

Sale

44,644

2.0755 GBP

Ordinary 10 10/11p

Sale

37,573

2.0976 GBP

Ordinary 10 10/11p

Sale

36,593

2.0960 GBP

Ordinary 10 10/11p

Sale

35,137

2.0793 GBP

Ordinary 10 10/11p

Sale

33,373

2.1062 GBP

Ordinary 10 10/11p

Sale

28,380

2.0991 GBP

Ordinary 10 10/11p

Sale

23,692

2.1165 GBP

Ordinary 10 10/11p

Sale

23,004

2.0904 GBP

Ordinary 10 10/11p

Sale

22,716

2.0765 GBP

Ordinary 10 10/11p

Sale

21,954

2.0855 GBP

Ordinary 10 10/11p

Sale

18,992

2.0967 GBP

Ordinary 10 10/11p

Sale

17,975

2.0727 GBP

Ordinary 10 10/11p

Sale

11,499

2.0779 GBP

Ordinary 10 10/11p

Sale

10,525

2.0790 GBP

Ordinary 10 10/11p

Sale

10,096

2.0888 GBP

Ordinary 10 10/11p

Sale

5,539

2.0798 GBP

Ordinary 10 10/11p

Sale

4,800

2.1168 GBP

Ordinary 10 10/11p

Sale

4,582

2.1111 GBP

Ordinary 10 10/11p

Sale

4,312

2.0820 GBP

Ordinary 10 10/11p

Sale

4,033

2.1004 GBP

Ordinary 10 10/11p

Sale

3,657

2.0968 GBP

Ordinary 10 10/11p

Sale

3,488

2.0780 GBP

Ordinary 10 10/11p

Sale

3,316

2.0951 GBP

Ordinary 10 10/11p

Sale

2,779

2.0889 GBP

Ordinary 10 10/11p

Sale

2,715

2.0836 GBP

Ordinary 10 10/11p

Sale

2,544

2.0845 GBP

Ordinary 10 10/11p

Sale

2,111

2.0837 GBP

Ordinary 10 10/11p

Sale

1,777

2.0810 GBP

Ordinary 10 10/11p

Sale

1,533

2.0909 GBP

Ordinary 10 10/11p

Sale

1,382

2.0910 GBP

Ordinary 10 10/11p

Sale

1,148

2.0740 GBP

Ordinary 10 10/11p

Sale

1,007

2.0770 GBP

Ordinary 10 10/11p

Sale

983

2.1140 GBP

Ordinary 10 10/11p

Sale

946

2.0879 GBP

Ordinary 10 10/11p

Sale

706

2.0880 GBP

Ordinary 10 10/11p

Sale

603

2.0872 GBP

Ordinary 10 10/11p

Sale

522

2.0985 GBP

Ordinary 10 10/11p

Sale

511

2.0930 GBP

Ordinary 10 10/11p

Sale

297

2.0950 GBP

Ordinary 10 10/11p

Sale

163

2.0812 GBP

Ordinary 10 10/11p

Sale

147

2.0830 GBP

Ordinary 10 10/11p

Sale

17

2.0940 GBP

Ordinary 10 10/11p

Sale

6

2.0980 GBP

Ordinary 10 10/11p

Sale

5

2.1150 GBP

Ordinary 10 10/11p

Sale

1

2.1100 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

Ordinary 10 10/11p

SWAP

Decreasing Long

251

2.0890 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

2,150

2.0859 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

2,813

2.1170 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

5,094

2.0849 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

5,512

2.0857 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

35,688

2.0850 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

40,561

2.0894 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

70,839

2.0831 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

129

2.1083 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

1,982

2.0821 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

3,838

2.1112 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

4,019

2.1170 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

4,800

2.1168 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

18,992

2.0967 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

23,004

2.0904 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

35,137

2.0793 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

37,387

2.0994 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

55,000

2.1103 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

57,000

2.0758 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,669

2.0840 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,872

2.0790 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,989

2.1082 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

2,715

2.0836 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

4,582

2.1111 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

4,625

2.0810 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

13,296

2.1170 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

23,692

2.1165 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

97,321

2.1170 GBP

Ordinary 10 10/11p

CFD

Increasing Short

94

2.0795 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

567

2.1170 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

2,700

2.1038 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

2,877

2.1015 GBP

Ordinary 10 10/11p

CFD

Increasing Short

4,854

2.0993 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

11,267

2.0727 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

14,012

2.0836 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

20,835

2.0835 GBP

Ordinary 10 10/11p

CFD

Increasing Short

23,088

2.1170 GBP

Ordinary 10 10/11p

CFD

Increasing Short

24,183

2.0866 GBP

Ordinary 10 10/11p

CFD

Increasing Short

33,001

2.0915 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

20 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213